Derek Mackay MSP
Written 14 posts
Scottish National Investment Bank progress
26th September 2019
Today marks another important step forward for the Scottish National Investment Bank as the legislation to support its establishment and capitalisation reaches its first stage in Parliament. The Bill being considered today lays the foundation for an institution that will be a cornerstone in Scotland’s economic architecture. One with the capability and commitment to reshape…
Scotland: an attractive place to invest
14th March 2019
With investment in Scottish commercial property topping £2.3 billion, 37% ahead of the 10-year annual average, the sector in Scotland is buoyant. Couple that with Scotland being named one of the most beautiful countries in the world – according to Rock Guide – and its little wonder businesses are keen to locate here. In fact,…
Shaping the Scottish National Investment Bank
11th February 2019
Today we publish the analysis of responses to the public consultation on the Scottish National Investment Bank Bill which ran from September to October last year. This is the first of many milestones for the Bank in 2019 as we make significant progress towards the Bank being operational in 2020, investing in businesses and communities…
Ensuring the UK Budget delivers for Scotland
10th October 2018
Ahead of the UK Budget on the 29th of October, I have written to the Chancellor of the Exchequer to outline the key issues that the Scottish Government wishes see included in the Budget. A full copy of my letter to the Chancellor is below. ___ Rt Hon Philip Hammond MP Chancellor of the Exchequer HM Treasury…
Economic priorities
9th July 2018
The new cabinet Secretary for Finance, Economy and Fair Work, Derek Mackay, outlines his economic priorities.
New progressive tax system an investment in Scotland’s future
1st April 2018
Our progressive approach to changing taxation, which comes into effect next week, heralds a positive investment in our country’s future. Our new tax system means divergence from Westminster on fiscal policy, but in my opinion it will deliver devolution and the priorities of the majority of the people of Scotland. The changes will deliver an…
Achieving Scotland’s full potential in a digital world
22nd March 2017
Scotland must seek and seize every opportunity to ensure it continues to have a thriving, open, digital economy. That is why, I visited Tontine House in Glasgow today to launch our refreshed digital strategy and outline the Scottish Government’s vision of Scotland as a vibrant, inclusive, open and outward looking digital nation, and to see first-hand how young aspiring digital businesses are being supported in Glasgow.
Autumn Statement response
24th November 2016
Yesterday, the true cost of Brexit was revealed – and it is huge. Lower growth, lower tax revenues, higher borrowing, higher debt and, perhaps worst of all for family budgets, higher inflation. Here is what I had to say immediately after the Chancellor made his statement: .@DerekMackaySNP on #AutumnStatement: the real cost of Brexit…
Building Scotland’s digital economy
3rd November 2016
Digital technology has fundamentally changed how we access information, learn, communicate and do business; it is vital to the future of our economy. Scotland prides itself on being a nation which is vibrant, inclusive, open and outward looking. We have to support and encourage the skills needed to seize new opportunities and participate in an…
Plan to revitalise town centres launched
7th November 2013
Our town centres should be vibrant, attractive and safe places where local people and visitors alike want to spend their time and money. They should be accessible places which invite business start-up and inspire innovative ideas from all walks of the community. This is why we welcomed the independent National Review of Town Centres, led…